I also like Switzerland and their government policy, which is friendly towards cryptocurrency or digital ecosystem in overall. They don't afraid of changes and they would like to remain up to date with all latest technology.
Topic: Is Switzerland a cryptocurrency heaven? - page 3. (Read 1507 times)
Is Switzerland a cryptocurrency heaven?
The Swiss have embraced innovation of digital money and cleared its path to cut into volatile central bank controlled fiat currency markets, while also reducing fees and improving security on the technology.Looks like a heaven for cryptocurrencies.
Switzerland is one of best country for digital currency users and they have roll model system for many other countries but its very hard for developing countries to follow this because we have many difficulties few of my friends are there and they are also using ATM for buying bitcoins we have no ATM and even no official trader for this I have dream to be use this The Swiss have embraced innovation of digital money and cleared its path to cut into volatile central bank controlled fiat currency markets, while also reducing fees and improving security on the technology.Looks like a heaven for cryptocurrencies.
Is Switzerland a cryptocurrency heaven?
The Swiss have embraced innovation of digital money and cleared its path to cut into volatile central bank controlled fiat currency markets, while also reducing fees and improving security on the technology.Looks like a heaven for cryptocurrencies.
Till this point we can only say atleast switzerland have acknowledged the potential of bitcoin but to get wider adoption more merchants have to start accepting bitcoin as payment method. The Swiss have embraced innovation of digital money and cleared its path to cut into volatile central bank controlled fiat currency markets, while also reducing fees and improving security on the technology.Looks like a heaven for cryptocurrencies.
I will be happy to live in a country where I can buy even a packet of milk for my coffee every morning from near by shop with bitcoin.
Swiss private bank Falcon:
http://www.finews.ch/news/banken/28131-falcon-bitcoin-bitcoin-suisse-nikolajsen-krypto
http://www.finews.ch/news/banken/28131-falcon-bitcoin-bitcoin-suisse-nikolajsen-krypto
I'm close by and bought little from the SBB ticket ATMs. But you can only buy - not use them there..... but that's VERY FINE for me!
So it is fine with you that they are selling you the overpriced bitcoins but when you try to actually use them they say they don't want them?
When I realized that I said FY ( SBB) and your kiosk and your trains and your ~80 euros for a ticket from Basel to Zurich.
Switzerland is the first bitcoin haven that embraced bitcoin fully and on a rather big scale. when everyone were ignoring bitcoin they started adding bitcoin ATMs everywhere and their ticket kiosks are even selling bitcoin alongside train tickets 
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
Atms everywhere?
There are 19 damns ATMs in the entire country.
And while you are able to get btc from those kiosk you can't pay your train ticket with BTC
Honestly have you ever been to Switzerland?
I'm close by and bought little from the SBB ticket ATMs. But you can only buy - not use them there..... but that's VERY FINE for me!
Switzerland is the first bitcoin haven that embraced bitcoin fully and on a rather big scale. when everyone were ignoring bitcoin they started adding bitcoin ATMs everywhere and their ticket kiosks are even selling bitcoin alongside train tickets
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
Atms everywhere?
There are 19 damns ATMs in the entire country.
And while you are able to get btc from those kiosk you can't pay your train ticket with BTC
Honestly have you ever been to Switzerland?
Switzerland is the first bitcoin haven that embraced bitcoin fully and on a rather big scale. when everyone were ignoring bitcoin they started adding bitcoin ATMs everywhere and their ticket kiosks are even selling bitcoin alongside train tickets
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
Atms everywhere?
There are 19 damns ATMs in the entire country.
And while you are able to get btc from those kiosk you can't pay your train ticket with BTC
Honestly have you ever been to Switzerland?
Switzerland is the first bitcoin haven that embraced bitcoin fully and on a rather big scale. when everyone were ignoring bitcoin they started adding bitcoin ATMs everywhere and their ticket kiosks are even selling bitcoin alongside train tickets
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
This is wonderful stuff! No wonder it's one of the very few countries with high gdp and great quality of life. Wonder what other government to hide. It seems the more the dictatorship the more likely they fear things like Cryptocurrencies.
Its good swiss bank famously knowing for holding the foreign funds very secure and giving private key access . Now they are entering crypto currency it should be good news . Hope all swiss bank fund will be converted to crypto 
Yes, Switzerland has already opens its door to crypto-currency. Its going to be a safe haven for a lot of investors. We all know that it has already established themselves as the top banking system in the world and it has a lot of clients. But with embracing crypto's, a lot of cash will be flowing to the bitcoin ecosystem again which is a good news for all of us.
It is not there yet, but they are on their way. Switzerland has always been renowned for their suaveness with money.
I would rather look at the specifics. Do hotels in Switzerland accept bitcoin as payment? Do their stores, malls, markets, schools, restaurants, and so on accept bitcoin in their transactions? Because even if the government accepts bitcoin as a legal payment system, if there are so few establishments that accept bitcoin then that might not count as really a cryptocurrency haven.
no they don't have all this regulation there, few store like many other country, they don't have massive usage at the moment, but switzerland is known for having very few restriction about money in general, so you are safe with big amount of money and bitcoin there
Switzerland is the first bitcoin haven that embraced bitcoin fully and on a rather big scale. when everyone were ignoring bitcoin they started adding bitcoin ATMs everywhere and their ticket kiosks are even selling bitcoin alongside train tickets
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
Well not everyone is ignoring BTC and other cryptos, as you said Japan is on the correct path and embracing bitcoin. And now there is also India which is also trying to legalize BTC, from what I know the verdict about this legalization is going to come on 12th July. now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
Public acceptance in Switzerland seems higher than elsewhere. While you still can't live from Bitcoin (paying for all commodities etc), you can buy a lot of stuff with it and the number of shops and services accepting cryptos keeps growing on a daily base.
The high tx-fees slowed acceptance of BTC specifically recently, but it looks like this is going to be less of a problem in the future and a lot of shops are starting to accept LTC too which doesn't suffer from these problems.
The Swiss government seems to think that Cryptos are going to be a good gap filler and tax creator in spite of the dwindling conventional banking business.
In short, Switzerlands probably wants to be a cryptocurrency haven and it makes some progress but IMHO is still far away from being it.
The high tx-fees slowed acceptance of BTC specifically recently, but it looks like this is going to be less of a problem in the future and a lot of shops are starting to accept LTC too which doesn't suffer from these problems.
The Swiss government seems to think that Cryptos are going to be a good gap filler and tax creator in spite of the dwindling conventional banking business.
In short, Switzerlands probably wants to be a cryptocurrency haven and it makes some progress but IMHO is still far away from being it.
Is Switzerland a cryptocurrency heaven?
The Swiss have embraced innovation of digital money and cleared its path to cut into volatile central bank controlled fiat currency markets, while also reducing fees and improving security on the technology.Looks like a heaven for cryptocurrencies.
The Swiss have embraced innovation of digital money and cleared its path to cut into volatile central bank controlled fiat currency markets, while also reducing fees and improving security on the technology.Looks like a heaven for cryptocurrencies.
It is still to early to say that swiss is a crypto currency heaven. Even if they have adopted it more then anyone they are not innovating that much to improve their economy tho you are right that in terms of security they are moving towards the fop
Its good swiss bank famously knowing for holding the foreign funds very secure and giving private key access . Now they are entering crypto currency it should be good news . Hope all swiss bank fund will be converted to crypto
I would rather look at the specifics. Do hotels in Switzerland accept bitcoin as payment? Do their stores, malls, markets, schools, restaurants, and so on accept bitcoin in their transactions? Because even if the government accepts bitcoin as a legal payment system, if there are so few establishments that accept bitcoin then that might not count as really a cryptocurrency haven.
Switzerland is the first bitcoin haven that embraced bitcoin fully and on a rather big scale. when everyone were ignoring bitcoin they started adding bitcoin ATMs everywhere and their ticket kiosks are even selling bitcoin alongside train tickets
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
now there are more countries in the category which are embracing bitcoin and becoming a safe haven. like Japan for example.
I guess they can become one of the pioneer countries that adopt Bitcoin, yeah! It's a good thing that a country is openly accepting towards Bitcoin, and perhaps they can set the example for other countries to follow. 
I hope Bitcoin becomes mainstream one day and widely accepted globally, but I'm not so sure of the consequences (the good and bad).
It may allow a major hacking of Bitcoin wallets (online maybe) or an attack on exchange sites/cryptobank as criminal activity is moving towards technology nowadays. Still, this is the first step for world domination! ^_^
It's a good thing that a country is openly accepting towards Bitcoin, and perhaps they can set the example for other countries to follow. I hope Bitcoin becomes mainstream one day and widely accepted globally, but I'm not so sure of the consequences (the good and bad).It may allow a major hacking of Bitcoin wallets (online maybe) or an attack on exchange sites/cryptobank as criminal activity is moving towards technology nowadays. Still, this is the first step for world domination! ^_^
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